9513 Northern Blvd - Storefront Retail/Residential FOR SALE


Jackson Heights, NY 11372
$8,700,000 USD
917-783-9548
9513 Northern Blvd, Jackson Heights, NY for Sale
$8,700,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 5.01% Cap Rate

9513 Northern Blvd
Jackson Heights, NY 11372


OVERVIEW

Urgo Realty, Inc. is pleased to present an exclusive investment opportunity in a fully occupied, rent-stabilized, four-story mixed-use building. This Class C7 apartment building boasts a total of 24,909 internal square feet. It comprises 28 residential units, 11 one-bedroom apartments, and 17 two-bedroom apartments, occupying 21,409 square feet, averaging 765 square feet per unit. Additionally, the building features six commercial units with a combined retail space of 3,500 square feet. The property is situated on a lot covering a total area of 8,000 square feet, with a notable 80 feet of frontage on Northern Boulevard. Located at 95-13 to 95-19 Northern Boulevard, also known as 32-56 96th Street, in Jackson Heights, Queens, the building offers tenants easy access to various markets, restaurants, and convenient transportation options. This is an excellent opportunity to invest in a property that will maintain a steady tenant demand.

FOR SALE DETAILS

PRICE

$8,700,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,000 SF

ZONING

R6

APN/PARCEL ID

01425-0033

ASK ABOUT THIS PROPERTY

Angela NaglieriUrgo Realty, Inc.More Info
917-783-9548

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Angela NaglieriUrgo Realty, Inc.More Info
917-783-9548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.